Over the past 12 hours, the Chaos Labs Observability and Alerting platform detected high price volatility across the markets.
At this time, we do not anticipate an abnormal risk to the Compound protocols and do not recommend any immediate action.
We have been utilizing the Compound Multi Chain Risk Monitoring Hub to monitor the protocol.
Over the past 24 hours, we have witnessed liquidations across Ethereum, Arbitrum, and Polygon, amounting to ~$210K.
The majority of these liquidations came from accounts utilizing UNI and COMP as collateral.
Full liquidation data, including detailed liquidation events, can be found in the following link
We are closely monitoring how markets are developing and will continue updating the community as necessary.